|Bid||1.01 x 900|
|Ask||75.51 x 1800|
|Day's Range||67.97 - 70.20|
|52 Week Range||62.90 - 80.69|
|Beta (3Y Monthly)||1.08|
|PE Ratio (TTM)||18.90|
|Earnings Date||Nov 5, 2019|
|Forward Dividend & Yield||1.00 (1.42%)|
|1y Target Est||74.79|
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Expeditors International of Washington, Inc. (NASDAQ:EXPD) saw significant share price movement during recent months...
Expeditors (EXPD) performs impressively in the second quarter owing to the rise in revenues at the Ocean Freight and Ocean Services as well as Customs Brokerage and Other Services.
Expeditors International (NASDAQ: EXPD) reported its financial results for the second quarter of 2019 on the morning of August 6, before markets opened. Expeditors' earnings per share of $0.88 beat the Street's estimates of $0.80 (overall net earnings attributable to shareholders grew 9 percent year-over-year to $153 million). The third-party logistics provider managed to navigate the stormy seasons of an intensifying U.S.-China trade war and a general slowdown in the global economy, managing through a 7.5 percent year-over-year reduction in air freight revenue and flattish ocean freight revenues.
Shares of Expeditors International of Washington Inc. ran up 3.2% in morning trading Tuesday, to pace the Dow Jones Transportation Average's gainers, after the air and ocean freight services company beat second-quarter profit expectations, although revenue came up a bit shy. Net income rose to $153.1 million, or 88 cents a share, from $140.6 million, or 79 cents a share, in the same period a year ago, and was above the FactSet consensus of 82 cents a share. Revenue grew 4% to $2.04 billion, below the FactSet consensus of $2.07 billion. Chief Executive Jeffrey Musser said the air freight business was "challenged" as a result of a slowdown in export volumes out of North Asia and the U.S., and as "the current climate of geopolitical volatility has created uncertainty." The stock has now gained 5.7% year to date, while the Dow transports has advanced 10.0% and the Dow Jones Industrial Average has tacked on 10.6%.
Expeditors International (EXPD) delivered earnings and revenue surprises of 10.00% and -0.83%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Expeditors International of Washington, Inc. today announced second quarter 2019 financial results including the following highlights compared to the same quarter of
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Expeditors International (EXPD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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I've been keeping an eye on Expeditors International of Washington, Inc. (NASDAQ:EXPD) because I'm attracted to its...
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Despite headwinds like declining shipments, Q2 results of transportation stocks are likely to be aided by tailwinds like upbeat passenger revenues and e-commerce growth.